Perma-Pipe International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Perma-Pipe International Holdings has a total shareholder equity of $80.2M and total debt of $26.9M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $160.7M and $80.6M respectively. Perma-Pipe International Holdings's EBIT is $19.4M making its interest coverage ratio 9.9. It has cash and short-term investments of $13.3M.
Key information
33.5%
Debt to equity ratio
US$26.85m
Debt
| Interest coverage ratio | 9.9x |
| Cash | US$13.31m |
| Equity | US$80.16m |
| Total liabilities | US$80.59m |
| Total assets | US$160.75m |
Recent financial health updates
Is Perma-Pipe International Holdings (NASDAQ:PPIH) Using Too Much Debt?
Aug 27
We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Can Stay On Top Of Its Debt
Jul 10We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Has A Fair Chunk Of Debt
Oct 06Here's Why Perma-Pipe International Holdings (NASDAQ:PPIH) Can Afford Some Debt
May 08Recent updates
Returns On Capital Are Showing Encouraging Signs At Perma-Pipe International Holdings (NASDAQ:PPIH)
Nov 25Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) Stock Catapults 37% Though Its Price And Business Still Lag The Market
Sep 12Is Perma-Pipe International Holdings (NASDAQ:PPIH) Using Too Much Debt?
Aug 27The Return Trends At Perma-Pipe International Holdings (NASDAQ:PPIH) Look Promising
Jul 17Impressive Earnings May Not Tell The Whole Story For Perma-Pipe International Holdings (NASDAQ:PPIH)
May 03Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Dec 19Here's Why We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Is Well Worth Watching
Oct 07Market Still Lacking Some Conviction On Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH)
Aug 04We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Can Stay On Top Of Its Debt
Jul 10Returns At Perma-Pipe International Holdings (NASDAQ:PPIH) Are On The Way Up
Jan 03Perma-Pipe unit gets $14M contract for King Salman Park Project in Saudi Arabia
Sep 20Perma-Pipe International GAAP EPS of $0.23, revenue of $37M
Sep 07Perma-Pipe International Holdings' (NASDAQ:PPIH) Earnings Are Weaker Than They Seem
Jun 16Returns On Capital Are Showing Encouraging Signs At Perma-Pipe International Holdings (NASDAQ:PPIH)
Apr 21Perma-Pipe International Holdings (NASDAQ:PPIH) Might Have The Makings Of A Multi-Bagger
Dec 10We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Has A Fair Chunk Of Debt
Oct 06Here's Why Shareholders May Want To Be Cautious With Increasing Perma-Pipe International Holdings, Inc.'s (NASDAQ:PPIH) CEO Pay Packet
May 20Here's Why Perma-Pipe International Holdings (NASDAQ:PPIH) Can Afford Some Debt
May 08If You Had Bought Perma-Pipe International Holdings' (NASDAQ:PPIH) Shares Three Years Ago You Would Be Down 24%
Mar 16Perma-Pipe International stcok climbs 16% on contract to supply five miles of subsea insulated pipe
Feb 01Perma-Pipe announces $6.7M contract awarded in India
Jan 14Perma-Pipe International reports Q3 results
Dec 21Is Perma-Pipe International Holdings (NASDAQ:PPIH) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: PPIH's short term assets ($104.4M) exceed its short term liabilities ($53.8M).
Long Term Liabilities: PPIH's short term assets ($104.4M) exceed its long term liabilities ($26.8M).
Debt to Equity History and Analysis
Debt Level: PPIH's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: PPIH's debt to equity ratio has increased from 27.3% to 33.5% over the past 5 years.
Debt Coverage: PPIH's debt is well covered by operating cash flow (55.9%).
Interest Coverage: PPIH's interest payments on its debt are well covered by EBIT (9.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 07:28 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Perma-Pipe International Holdings, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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